The apex tax policy body — Central Board of Direct Taxes (CBDT) — has called for inputs from stakeholders on the proposed rules and forms to be framed under various provisions contained in the Income Tax Bill, 2025. CBDT has also launched a link on its website for submitting suggestions.

The Bill seeks to replace the Income Tax Act, 1961 and simplify the tax regime by removing redundancies that have crept into the Act over the years.

The new Bill, announced in the Budget and subsequently tabled in Parliament, is undergoing scrutiny by the select committee. “In reference to the Income Tax Bill, 2025, which was introduced in Parliament and is currently under examination by the Select Committee for detailed consideration, stakeholders are encouraged to continue submitting their suggestions on the provisions of the Bill, which will be compiled and forwarded to the Select Committee for its review,” said the Ministry of Finance.

“To facilitate this, a utility has been launched on the e-filing portal, which can be accessed through the link: https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review. The link is live and accessible to all stakeholders from 08.03.2025 on the e-filing portal. Stakeholders can submit their inputs by entering their name and mobile number, followed by an OTP-based validation process,” the ministry added.

“All suggestions should clearly specify the relevant provision of the Income-tax Rules, 1962 (including the specific section, sub-section, clause, rule, sub-rule, or form number) to which the recommendation pertains under the aforementioned four categories,” said the ministry.

“In alignment with the comprehensive review of the Income-tax Act, 1961, an effort is underway to collect inputs and simplify the associated income tax rules and forms. The objective of this initiative is to enhance clarity, reduce the compliance burden, and eliminate obsolete rules, making tax processes more accessible for taxpayers and other stakeholders,” the ministry said.

“Additionally, streamlining the rules and forms aims to simplify tax compliance, improve taxpayer comprehension and ease of filing, reduce administrative burdens and errors, and enhance transparency and efficiency,” said the ministry.